Security Contract Clauses (3,151)

Security. Concurrently with Tenant's execution of this Lease, Tenant shall deposit with Landlord the sum of $50,000 Dollars which sum (the "Security Deposit") shall be held by Landlord as security for the faithful performance of all of the terms, covenants, and conditions of this Lease to be kept and performed by Tenant during the term hereof. If Tenant defaults with respect to any provision of this Lease, including, without limitation, the provisions relating to the payment of rental and other sums due h...ereunder, Landlord shall have the right, but shall not be required, to use, apply or retain all or any part of the Security Deposit for the payment of rental or any other amount which Landlord may spend or become obligated to spend by reason of Tenant's default or to compensate Landlord for any other loss or damage which Landlord may suffer by reason of Tenant's default. If any portion of the Security Deposit is so used or applied, Tenant shall, within ten (10) days after written demand therefor, deposit cash with Landlord in an amount sufficient to restore the Security Deposit to its original amount and Tenant's failure to do so shall be a material breach of this Lease. Landlord shall not be required to keep any deposit under this Section separate from Landlord's general funds, and Tenant shall not be entitled to interest thereon. If Tenant fully and faithfully performs every provision of this Lease to be performed by it, the Security Deposit, or any balance thereof, shall be returned to Tenant or, at Landlord's option, to the last assignee of Tenant's interest hereunder, at the expiration of the term of this Lease and after Tenant has vacated the Premises. In the event of termination of Landlord's interest in this Lease, Landlord shall transfer all of the security deposit then held by Landlord under this Section to Landlord's successor in interest, whereupon Tenant agrees to release Landlord from all liability for the return of such deposit or the accounting thereof. Tenant waives to the fullest extent permitted by law the provisions of California Civil Code Section 1950.7, and all other provisions of laws now in force or that become in force after the date of execution of this Lease, which provide that Landlord may claim from a security deposit only those sums reasonably necessary to remedy default in the payment of Rent, to repair damage caused by Tenant, or to clean the Premises. Landlord and Tenant agree that Landlord may, in addition, claim those sums reasonably necessary to compensate Landlord for any other foreseeable or unforeseeable loss or damage caused by the act or omission of Tenant or any of Tenant's agents or invitees, including but not limited to future Rent to the extent recoverable from Tenant under applicable laws. View More

Security. The payment of this Note (and all the other Secured Investor Notes (as defined in the Purchase Agreement)) shall be secured by that certain Membership Interest Pledge Agreement of even date herewith (as the same may be amended from time to time, the "Pledge Agreement") executed by Investor, as Pledgor, in favor of Company, as Secured Party, whereby Investor has pledged as collateral its 40% membership interest in Typenex Medical, LLC, an Illinois limited liability company, as more specifically s...et forth in the Pledge Agreement. All the terms and conditions of the Pledge Agreement are hereby incorporated into and made a part of this Note. View More

Security. The Indebtedness is secured by, among other things, the Security Instrument, and reference is made to the Security Instrument and the Loan Agreement for other rights with respect to collateral for the Indebtedness.

Security. Payment of this Note is secured by, inter alia, a Mortgage, Assignment of Rents and Security Agreement executed by Ark Rustic Inn Real Estate, LLC, a Delaware limited liability company, in favor of Bank, and encumbering certain properties situate in Broward County, Florida, as amended and/or restated from time to time (the "Mortgage").

Security. This Note is secured by the Security Agreement (as defined in the Purchase Agreement), executed by Borrower in favor of Lender encumbering the collateral set forth therein, as more specifically set forth in the Security Agreement, all the terms and conditions of which are hereby incorporated into and made a part of this Note.

Security. This Note has been executed and delivered pursuant to that certain Loan Agreement dated of even date herewith by and between Borrower and Lender (as may be amended from time to time, the "Loan Agreement"), and is secured by, inter alia, a Pledge and Security Agreement dated of even date herewith, by and between Borrower and Lender, covering certain collateral as more particularly described therein. This Note, the Loan Agreement and all other documents evidencing, securing, governing, guaranteein...g and/or pertaining to this Note, including, but not limited to, those documents described above, are collectively referred to as the "Loan Documents." The holder of this Note is entitled to the benefits and security provided in the Loan Documents. View More

Security. In order to enable the Company to comply with the Securities Act of 1933 (the "Securities Act") and relevant state law, the Company may require the Recipient, the Recipient's estate, or any permitted transferee as a condition of issuing the Common Stock, to give written assurance satisfactory to the Company that the shares subject to the Units are being acquired for such person's own account, for investment only, with no view to the distribution of same, and that any subsequent resale of any suc...h shares either shall be made pursuant to a registration statement under the Securities Act and applicable state law which has become effective and is current with regard to the shares being sold, or shall be pursuant to an exemption from registration under the Securities Act and applicable state law. The Units and the underlying shares of Common Stock are further subject to the requirement that, if at any time the Board shall determine, in its discretion, that the listing, registration, or qualification of the shares of Common Stock underlying the Units upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory body, is necessary as a condition of, or in connection with the issuance of the Common Stock, the Common Stock will not be issued unless such listing, registration, qualification, consent or approval shall have been effected. View More

Security. This Promissory Note shall be secured by (i) Six Million One Hundred Eighty Nine Thousand Five Hundred Eight (6,189,580) shares of common stock of Borrower to be issued as of the date hereof and held in escrow and a continuing first priority security interest in all of Borrower's right, title, and interest in and to, all property of Borrower (collectively, the "Collateral"), as more specifically set forth in the Security Agreement executed by Borrower in favor of Lender dated as of February 28, ...2007. (the "Security Agreement"). View More

Security. This Note is unsecured. EXECUTED effective the year and date first above written. TETRIDYN SOLUTIONS, INC. By: /s/ Peter Wolfson Peter Wolfson, Director EX-10.25 2 ex1025form8k022516.htm PROMISSORY NOTE FOR $50,000 DATED FEBRUARY 25, 2016 ex1025form8k022516.htm PROMISSORY NOTE $50,000 Lancaster, PA February 25, 2016 FOR VALUE RECEIVED, the undersigned, TETRIDYN SOLUTIONS, INC. ("Maker"), a Nevada corporation whose mailing address and principal office is 800 South Queen Street, Lancaster, PA 1760...3, USA, hereby promises to pay to JPF VENTURE GROUP, INC., a Delaware corporation ("Payee"), whose mailing address is 800 South Queen Street, Lancaster, PA 17603, up to the principal sum of FIFTY THOUSAND DOLLARS AND NO CENTS ($50,000), as represented by advances from time-to-time of the principal amount of this Note in lawful money of the United States of America for payment of private debts, together with interest (calculated on the basis of the actual number of days elapsed but computed as if each year consisted of 360 days) on the unpaid principal balance from time to time outstanding at a rate, except as otherwise provided in this Note, of six percent (6%) per annum. View More

Security. As of the closing of the First Advance, Payor granted to Lender a first priority security interest in and to all of the right, title and interest of Payor in its equipment and the Demonstration Plant for the the First Advance ("Security Interest"), which Security Interest shall be evidenced by a UCC filing reasonably acceptable to Lender. The Security Interest shall also serve as collateral for the Second Advance in accordance with the terms hereof. As of the closing of the Final Advance, Payor ...also shall grant to Lender a first priority security interest in and to all of the right, title and interest of Payor in its intellectual property (the "IP Security Interest"), which security interest shall be evidenced by a UCC filing reasonably acceptable to Lender. In the event that the Additional Financing transaction is not consummated for any reason, then the IP Security Interest granted to Lender by Payor shall be cancelled and Lender agrees to take all necessary action to terminate and release such IP Security Interest as promptly as possible, but in no event later than two business days following the Additional Financial Transaction Date. For the avoidance of doubt, all Security Interests granted to Lender hereunder shall be cancelled immediately upon the conversion of all debt under this Note into equity securities of Payor or upon repayment of this Note. View More